Sec. 308. Rulemaking for ethics requirements for legal expense funds
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/bill/118/hr/5048/ih/section-308·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 1 year after the date of enactment of this Act, the Director of the Office of Government Ethics shall finalize a rule establishing ethics requirements for the establishment or operation of a legal expense fund for the benefit of the President, the Vice President, or any political appointee, consistent with the requirements of subsection (b). A legal expense fund described in subsection
(a)may not accept any contribution or other payment made by— an individual who is a registered lobbyist under the Lobbying Disclosure Act of 1995 ( 2 U.S.C. 1601 et seq. ); or an agent of a foreign principal. In the case of a contribution described in paragraph (1)— the legal expense fund shall take appropriate remedial action; and the Director of the Office of Government Ethics may assess a fine against the individual or agent of a foreign principal, as defined in section 1 of the Foreign Agents Registration Act of 1938, as amended ( 22 U.S.C. 611 ).
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